also on the agenda today in the united states, two key data points .at s. housing recovery. expected to be up 1% for july. and we'll also have the latest consumer confidence report, this is the richmond fed manufacturing survey due out at 1:00 eastern. also an auction of two year treasury notes. >> speaking of economic indicator, here's one for you. southern europeans are cutting back on their coffee due to the economic downturn. consumption is down in italy and sman to levels not seen for the last five or six years. and perhaps in a silver lining for the rest of us, that's driving the price of coffee down. what do you cut back on in tough economic time times some do you still need the daily caffeine boost? two pounds a day really does add up. i know i'm equity of that myself. e-mail us or tweet us to respond to that or anything else you've heard on the program this morning. and speaking of twitter, on wednesday on cnbc, we'll have an exclusive interview with the twitter ceo. tweet your questions today using the #ask twitter. >> and angela merkel, we'll hear from an author w